5334 Lindley Avenue 219, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This Value-Add Condominium offers a rare level of privacy with no shared walls in the heart of Encino. Listed at $515,000, the price reflects the property's premium location and the seller's commitment to paying off the special assessment, which lowers future HOA dues to $440/month. While currently valued at a $438,965 Fair Market Value, the unit’s Condition Rating of 4 presents a clear opportunity for forced appreciation through interior modernization. Featuring resort-style amenities like a heated pool, spa, and gym within the Los Angeles Unified district, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5334 Lindley Avenue 219 Subject | $499,000* List Price | 2 | 2 | 1,205 | $368 | - |
A 5447 Zelzah Avenue 110 Sold | $450,000 | 2 | 3 | 1,285 | $350 | 0.3 mi |
B 5325 Newcastle Avenue 319 Sold | $485,000 | 2 | 2 | 1,166 | $416 | 0.1 mi |
C 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.2 mi |
D 5328 Newcastle Avenue 58 Sold | $475,000 | 2 | 2 | 1,029 | $462 | 0.2 mi |
E 17914 Magnolia Boulevard 127 Sold | $485,000 | 2 | 2 | 1,157 | $419 | 0.3 mi |
F 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.1 mi |
G 5400 Lindley Avenue 221 Active | $499,000 List Price | 2 | 2 | 1,233 | $405 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this unit is in fair condition, showing a mix of minor updates and significant dated features. While the building complex itself has been recently renovated, the interior of the unit requires modernization as noted in the listing description. The kitchen and wet bar feature older cabinetry and tile countertops that are characteristic of previous decades. Although the main living areas have newer laminate flooring and one bathroom shower has been updated with contemporary tile work, other elements like the gold-framed shower doors, older bedroom carpeting, and basic light fixtures indicate the property has not undergone a full recent renovation.
This unit offers a rare level of privacy for a condominium as it features no shared walls with units on either side, ensuring a quiet and peaceful living environment.
The recently remodeled Encino Villa complex provides an extensive suite of amenities, including a heated pool, spa, gym, and multiple recreation rooms, creating a high-end lifestyle experience.
The seller's commitment to paying off the special assessment at closing provides immediate value, lowering the monthly HOA dues to a competitive $440.
The unit is described as needing a personal touch and upgrades, indicating that buyers should budget for renovations to modernize the living space.
Built in 1970, the property may lack some of the contemporary architectural features and energy-efficient systems found in more modern residential constructions.
Luxurious living in this newly remodeled resort-like building in the heart of Encino. While it awaits your personal touch and upgrades, the generous space and a prime location make it an exceptional opportunity. NO shared walls with units on either side! This expansive unit is bright and offers an airy and inviting ambiance, an open layout, laminate flooring throughout, a nice kitchen with a breakfast bar, dining area, laundry in unit, and a spacious balcony. The unit has two side-by-side gated parking spaces. The entire Encino Villa complex went through a major remodel and an upgrade in recent years. The community is equipped with a range of amenities, including a gym, spa, heated in-ground swimming pool, recreation room, conference room, game room, banquet room, barbecue grill, and an outdoor dining area, all of which are available for residents to enjoy. HOA includes EQ insurance, grounds maintenance and hot & cold water. Walking distance to Ventura blvd with stores, restaurants, temples. Convenient location to freeways and the Westside. THE SPECIAL ASSESSMENT WILL BE PAID OFF BY THE SELLER AT THE CLOSE OF ESCROW. After payoff, the HOA dues will drop to around $440/month! Buyer to verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,205 | 1,037 | 65% |
| Lot Size | 93,335 | 60,967 | 59% |
| Price | $499.0K | $433.0K | 65% |
| Price per sq ft | $414 | $376 | 63% |
| Built year | 1970 | 1971 | 37% |
| HOA | $750.0 | $652 | 69% |
| Days on market | 86 | 188 | 16% |
Apr 18, 2026
$499,000
$515,000
-3% Price Drop
Initial Listing
Feb 11, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Jan 26, 2026
$525,000
Initial Listing
Oct 28, 2004
$324,000
Public Record
Aug 7, 2000
$139,000
Public Record